Amortization Calculator

Calculate your loan EMI and view a full month-by-month or year-by-year amortization schedule showing principal, interest, and remaining balance.

How the Amortization Calculator Works

This tool calculates your fixed monthly EMI based on the loan amount, interest rate, and tenure, then breaks down every payment into principal and interest components across the life of the loan, showing exactly how your outstanding balance reduces over time.

Frequently Asked Questions

It calculates your loan EMI and shows a full month-by-month or year-by-year amortization schedule with principal, interest, and remaining balance.

The EMI is calculated based on the loan amount, interest rate, and tenure you enter.

It breaks down every payment into its principal and interest components across the life of the loan.

Yes, the schedule shows exactly how your outstanding balance reduces with each payment over the life of the loan.

Yes — switch between a detailed month-by-month view (useful for tracking exact payments) or a condensed year-by-year summary (useful for seeing the big-picture payoff trajectory).

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